The stockholders of CommScope Holding Company, Inc., a global leader in network connectivity solutions, approved seven proxy proposals today at the companyโs annual meeting of stockholders.
CommScope stockholders approved an amendment to the Companyโs amended and restated certificate of incorporation to eliminate the classified structure of the Companyโs Board of Directors. CommScope stockholders also re-elected Mary S. Chan, Stephen C. Gray, L. William Krause and Derrick A. Roman as directors, each for a term ending at the 2022 annual meeting, and ratified the appointment of Ernst & Young LLP as the companyโs independent registered public accounting firm for the 2021 fiscal year. The stockholders also approved, on a non-binding advisory basis, the compensation of the companyโs named executive officers. In addition, the stockholders approved the termination of certain executive performance options and the grant of selective performance-based retention equity awards, as well as additional shares under the companyโs 2019 Long-Term Incentive Plan. Additionally, the holders of Series A Convertible Preferred Stock, voting as a separate class, re-elected Patrick R. McCarter as a director for a term ending in 2022.
About CommScope:
CommScope (NASDAQ: COMM) is pushing the boundaries of technology to create the worldโs most advanced wired and wireless networks. Our global team of employees, innovators and technologists empower customers to anticipate whatโs next and invent whatโs possible. Discover more at www.commscope.com.
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Source: CommScope
View source version on businesswire.com: https://www.businesswire.com/news/home/20210507005513/en/
Contacts
Investor Contact:
Michael McCloskey, CommScope
+1 828-431-9874
Michael.McCloskey@commscope.com
News Media Contact:
Kalia Farrell, CommScope
+1 215-323-1059
publicrelations@commscope.com
